Malartic-West Property Agreement
April 08 2014 - 10:15AM
Access Wire
Val-d'Or, Quebec / ACCESSWIRE / April 8, 2014 / Knick
Exploration Inc. (TSX-V: KNX) is pleased to report an
agreement with GeoNovus Minerals Corp. (TSX-V ;GDM) on the Malartic
West Property, the property consists of 13 claims covering 507
hectares, and is located in the gold prolific Abitibi Greenstone
Belt in the province of Quebec.
To purchase a 100% interest in the Malartic West property,
GeoNovus will pay $20,000 and issue 2,000,000 common shares of the
corporation to Knick Exploration Inc. over a two year period. A two
per cent (2%) NSR is in place with the Company having the right to
buy back one per cent (1%) of the Royalty for one million dollars
($1,000,000).
"We are very pleased to acquire claims in this much
sought after area of Quebec and look forward to planning our
upcoming work programs. The news on April 2, 2014 regarding the
Yamana Gold Inc. and Osisko Mining Corp.'s agreement shows how
important this district has become", states GeoNovus president Mike
England.
This transaction is subject to TSXV approval.
GeoNovus Minerals Corp. is a junior exploration company actively
seeking mineral opportunities for the benefit of all of its
stakeholders.
Gordon N. Henriksen, P.Geo., Vice President of Knick
Exploration, is the Company's qualified person as defined by
National Instrument 43-101. He has reviewed and approved the
contents of this press release.
We seek Safe Harbour.
Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this press release.
This Press Release includes forward-looking statements that
are subject to risks and uncertainties. All statements within,
other than statements of historical fact, are to be considered
forward looking. There can be no assurances that such statements
will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties.
FOR MORE INFORMATION, CONTACT:
Jacques Brunelle Gordon N. Henriksen
President & CEO Vice President
Knick Exploration Knick Exploration
536, 3rd Avenue 536, 3rd Avenue
Val-d'Or, Quebec Val-d'Or, Quebec
J9P 1S4 J9P 1S4
Office 819-874-5252 Office 819-874-5252
Cell 819-856-1387 Cell 819-210-1406
SOURCE: Knick Exploration Inc.
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